Sheffield Corporation accumulates the following data relative to jobs started and finished during the month of June 2017.

Costs and Production Data

Actual

Standard

Raw materials unit cost$2.10$1.90Raw materials units used11,30010,900Direct labor payroll$168,720$166,770Direct labor hours worked14,80015,300Manufacturing overhead incurred$232,608Manufacturing overhead applied$235,008Machine hours expected to be used at normal capacity41,500Budgeted fixed overhead for June$66,400Variable overhead rate per machine hour$3.20Fixed overhead rate per machine hour$1.60

Overhead is applied on the basis of standard machine hours.3.20hours of machine time are required for each direct labor hour. The jobs were sold for $492,000. Selling and administrative expenses were $39,400. Assume that the amount of raw materials purchased equaled the amount used.

Compute all of the variances for (1) direct materials and (2) direct labor. (Round answers to 0 decimal places, e.g. 135.) (1) Total materials variance Unfavorable Materials price variance Unfavorable Materials quantity variance $ Unfavorable (2) Total labor variance $ Unfavorable Labor price variance Unfavorable Labor quantity variance $ Favorable\fSHEFFIELD CORPORATION Income Statement For the Month Ended June 30, 2017 Sales Revenue Cost of Goods Sold (at standard) Gross Profit (at standard) Variances Materials Price Materials Quantity Labor Price Labor Quantity Overhead Total Variance v Gross Profit (actual) Selling and Administrative Expenses v